>>Africa Business Pages > Uganda Business Opportunities
Uganda has been consistently attracting the highest foreign direct investment (FDI) in East Africa and the Red Sea region by attracting between $250 – 300m in FDI annually over the past five years – largely due to its stable and consistent macro-economic policies, liberalised business environment, proximity as a logistics hub within the Great Lakes region and increasing regional trade.
Most FDI into Uganda has been directed towards telecommunications, real estate, banking, insurance, petroleum sector, energy, mining and agro-export sectors. The Government has continued to promote foreign investment through the Uganda Investment Authority, the Presidential Investors Round Table and by minimising macroeconomic policy shifts, which make doing business in Uganda more predictable than in neighbouring countries.
In order for the country to benefit from the current sustained high global commodity prices, substantial investment in the mining sector is required. The re-opening of Kilembe Mines would require at least $250m in investment and working capital and will have a huge direct impact on over 10,000 Ugandans in Kilembe and Kasese.
The estimated cost of improving the rail infrastructure is $600m and could be much higher if a new modern standard gauge railway line is to be built. In a recent visit to Uganda, the World Bank president pledged to support Kenya and Uganda rehabilitate the railway line to boost trade.
The recent move by Citadel Capital expressing interest in becoming the lead investor in the Kenya-Uganda 25 year concession consortium, should be welcomed by both Governments. Citadel Capital is a multi-billion dollar private equity firm headquartered in Cairo with over $8b in mining, transport, energy and other investments in Africa and the Middle East.
Contacts d'affaires pour les importateurs en Afrique |
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Abdul Hadi Trading All kinds of Tyres, Tubes for trucks, trailers, passenger cars, forklift tyres, solid tyres, pneumatic tyres, offroad tyres, agricultural tyres. Supplies many Chinese, Korean and Indian tyre brands... |
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Bagader Trading Est Supplier of Tyres, Tubes and Batteries in Dubai. GT Radial, Chengshan, Starfire, DoubleStar as well as Rocket Battery, Tokyo Battery. Also supplies Korean Tubes of all sizes... |
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BBG Trading Exporter of Chinese and Korean tyres and tubes to many African markets. Major brands include Westlake Tyres, Good Ride Tyres, Hankook Tyres, Chaoyang Tyres... |
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Infinity Tyres Exporter of Infinity brand of Tyres to Africa for Passenger Car Tyres, Light Truck Tyres, Bus Tyres, Agricultural Tyres, Industrial Tyres, OTR (Off-The Road) Tyres... |
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Abdul Zahir Bashir General Trading A major exporter of tyres, tubes, batteries and lubricants to Africa from Dubai. Deals in several popular brands like Double Star Tyres, Triangle Tyres, Rock Stone, Crown, Sonar, Durun, Ling Long, Three A. Also deals in popular batteries like Platinum, SBK, Mustang, MF Power etc. |
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VRB Trades FZE Importer, exporter, wholesaler and stockist of a wide range of Indian, Chinese and Korean tyres. Has been a leading supplier of tyres to many African markets... |
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Zafco Trading One of the largest suppliers of tyres in Dubai dealing in popular tyre brands like Otani Tyres, Roadstone Tyres, Zeetex Tyres, Double Coin Tyres, Siam Tyres. Sole distributor in UAE for Trane Batteries and SB Batteries. Leading supplier to importers of tyres in Afica... |
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